Welcome to our dedicated page for Founder Group news (Ticker: FGL), a resource for investors and traders seeking the latest updates and insights on Founder Group stock.
Founder Group Limited (NASDAQ: FGL) is a Malaysia-focused EPCC provider for solar photovoltaic facilities, and the news flow around the company reflects its role in the country’s renewable energy build-out. This page aggregates announcements, market updates and project milestones that the company releases through news wires and regulatory channels.
Readers can follow updates on large-scale solar (LSS) projects, commercial and industrial rooftop solar installations, and specialized initiatives such as floating solar farms. Founder Group’s news often covers new EPCC contracts with prominent solar installation companies in Malaysia, letters of award for utility-scale plants, and agreements related to civil, structural, mechanical, wiring, installation, commissioning and interconnection scopes.
The company also issues news on strategic partnerships and technology initiatives, including collaborations for renewable energy projects across Malaysia and other ASEAN countries, as well as AI-powered unmanned aerial vehicles for solar farm inspections. These updates highlight how the company is integrating AI and drone technology into solar operations and maintenance to enhance inspection efficiency and performance monitoring.
Capital markets and corporate governance developments are another recurring theme in Founder Group’s news. Items may include Nasdaq notifications regarding listing requirements, shareholder meeting results, changes to share structures and financing arrangements such as convertible notes. Together, these news items provide context on both the company’s project pipeline and its corporate evolution.
Investors, analysts and industry observers can use this news feed to monitor Founder Group’s contract wins, partnerships, regulatory notices and strategic initiatives within Malaysia’s solar and broader renewable energy sector.
Founder Group Limited (NASDAQ: FGL) announced it has regained compliance with Nasdaq's minimum publicly held shares requirement under Listing Rule 5550(a)(4). The company said it received a confirmation letter from Nasdaq's Listing Qualifications Department on April 9, 2026, restoring its compliance status.
This confirmation addresses the previously cited deficiency and maintains FGL's continued listing on Nasdaq.
Founder Group (NASDAQ: FGL) secured an additional EPC contract worth RM34 million (~US$8.6 million) under Malaysia’s Large Scale Solar 5 (LSS5) programme for a 9.5 MW solar facility. The project is scheduled to reach commercial operation no later than May 1, 2027.
Founder Group’s total LSS5 contract value now stands at about RM70 million (~US$17.7 million). Management said it intends to pursue further awards under potential LSS6, CRESS and regional solar opportunities to build recurring revenue.
Founder Group (NASDAQ: FGL) secured a RM19.5 million (≈US$5 million) EPC contract to build a 5.5MW solar plant under Malaysia’s LSS5 PETRA programme. The scope covers design, construction, testing and commissioning, with a guaranteed MAAQ of 13,568.8 MWh for the first two years and commercial operation targeted for May 1, 2027.
The win takes place amid a 2,000 MW LSS5 tender and follows 121 approved LSS projects (6,228 MW), reinforcing Founder Group’s EPCC position in Malaysia’s expanding renewables market.
Founder Group (NASDAQ: FGL) secured an approximately RM16 million (US$4.14 million) EPCC contract to build a 25.40MW utility‑scale solar project under Malaysia’s Corporate Green Power Programme (CGPP) announced on March 9, 2026. The project is expected to generate ~53,000 MWh annually, offset ~35,000 tonnes CO2, and supply ~53,000 RECs, while expanding the company’s EPCC order book and visibility into multi‑year recurring revenue opportunities.
Founder Group Limited (NASDAQ: FGL) announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2). On February 25, 2026, Nasdaq confirmed the company’s closing bid price met the US$1.00 minimum, restoring compliance with the exchange’s minimum bid price requirement.
Founder Group Limited (Nasdaq: FGL) received a Nasdaq notice on Feb 17, 2026 that it no longer meets the minimum 500,000 publicly held shares requirement under Nasdaq Listing Rule 5550(a)(4).
The notification does not affect current listing or trading. The company has until April 3, 2026 to file a compliance plan and intends to submit a plan within the required timeframe.
Founder Group Limited (NASDAQ:FGL) will effect a 100-for-1 share combination with a marketplace effective date of February 10, 2026. The combination is intended to enable the company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq listing.
Post-combination, Class A shares will trade under the same symbol FGL with a new CUSIP G3662E121. Each 100 ordinary shares will combine into one share automatically; fractional holdings will be rounded up via bonus shares. Pre-combination counts: 32,178,109 Class A and 9,324,733 Class B shares; post-combination approximations: 321,781 Class A and 93,247 Class B.
Founder Group Limited (NASDAQ:FGL) announced it received a Nasdaq notice dated November 6, 2025, for failing to meet the $1 minimum bid price under Nasdaq Listing Rule 5550(a)(2).
Nasdaq said the notice does not affect current listing or trading and gave a 180-calendar-day compliance period until May 5, 2026 to regain compliance. The company may seek an additional 180 days if it meets market-value and other initial-listing standards (except bid price) and files notice to cure, potentially by effecting a reverse stock split. Founder Group is evaluating options and intends to attempt timely compliance but said there is no assurance it will regain or maintain compliance.
Founder Group Limited (NASDAQ: FGL) has announced a landmark agreement to develop a RM1.16 billion (USD276 million) renewable energy facility in Sarawak, Malaysia. The project includes a 310 MWp solar photovoltaic power plant and a 620 MWh Battery Energy Storage System (BESS).
The initiative, part of the Baram DeepTech Energy Programme, will also feature a 200 MW Tier-4 Green Data Centre Park spanning 350 acres. This development represents Malaysia's first "firm" solar power plant, designed to provide continuous, dispatchable renewable electricity. The project is expected to generate over RM1 billion in foreign direct investment and supports Sarawak's goal of achieving 10 GW generation capacity by 2030.
Founder Group Limited (NASDAQ: FGL), a leading Malaysian solar EPCC solutions provider, is positioned to capitalize on up to RM17.4 billion (USD4.1 billion) in EPCC contract opportunities through 2028, representing a 40% increase in market value.
The company recently signed an MOU with GCL Systems Integration Technology for renewable energy projects worth up to USD220 million across ASEAN. Key growth drivers include the LSS Petra and LSS Petra 5+ programs (RM12 billion, 6GW capacity) and CRESS program revival (RM5 billion, 2GW demand).
FGL is exploring AI-powered solutions for project management and operations, while contributing to Malaysia's data center expansion and national AI ambitions through sustainable power solutions.